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weakness from asia and to a lesser extent, weakness in the u.s. as well. asia slowdown really hittin>> i cart and horse on that. the euro is falling to a session low, post those two bits of data. bund futures extending their gains as well. may not do anything for stock sentiment. talking about asia, china's manufacturing activity was up at a three-month high. the early read suggests the recovery. that wasn't enough to stop a 12th consecutive month of pmi contraction. some analysts still see the need for further stimulus. what is this telling us? are we now on the bottom of the downturn? not the downturn, the slowdown? >> possibly. it's too early to tell. it's only just in -- >> suggest there the chinese survey, the official government one might come out above 50. >> it may well do. but i think one of the interesting things was that the rate of decline has eased quite significantly. the smallest fall for five months. but in there, when we were reading through the reasons, they were saying that their trade had been disrupted due to the spat between japan and china. if we perhaps make a men
company's performance will not be affected by the outcome of the u.s. election. >>> plus top oil producers forge ahead with ambitious output targets banking on stronger chinese demand. >>> and president obama and mitt romney are set for round two of their presidential debates tonight with the task of winning over undecided u.s. voters. >>> we start to get the into the meat of the week. advancers outpacing decliners by a little more than 6:3. yesterday ftse was up 0.2%, dax up 0.4%. this morning another third percent gains for the ftse 100. c 40 up 0.4%. ibex up about 1.10%. s&p putting a negative outlook on biggest spanish banks. let's show you where we stand. not impacted on the stocks. as far as bond issues are concerned, we have a t-bill auction coming out today in spain. we'll get the results of that in about an hour. 5.82%. spanish yields slightly higher than where we were yesterday. italy is fairly contained. the big test for spain will be on thursday. first time we've had a primary debt auction out of spain since the s&p downgrade last week. we'll keep our eyes on gilts, as well. uk
still for the u.s. dollar. the trade for the australian dollar has been down since then. so it seems as though that might be a little bit broken. dollar-yen rates fairly stable for a couple days, but still we are seeing story up and down a tenth of a percent. euro/dollar -- 129 and a quarter is the handle. the golden week holiday has been impacting liquidity, although some people really take you off for some of those beach destinations. >> really a lackluster day of trade. the hang seng came back from holidays, to end marginally in the green. strength in defensive telecoms were partially offset due to falling oil prices. over in japan, the nikkei heat a three-week low as investors remained cautious ahead of the boj and ecb meetings, but the retailer rallied, because annual group sales could top nearly $1 billion. if so, it would be the first japanese retailer to ever reach that scale. over in australia, the asx 200 edged up to a 14-month high. minors slumped following a short rise in the trait deficit. india now higher by .2%. >> up next, uk drinks maker have been given an extinction
story of the day. the benghazi situation. u.s. officials knew within hours of the consulate attack. dagen: fox news is following that story for us in washington. catherine, what is so significant about these e-mails? >> good morning. they appear to be the most significant we have seen your to date on the libyan scandal. it takes the real-time information on the attacks and those expected of being responsible. this brings the nation's most senior intelligence official and others directly into the loop. the fourth key player here is a cia player. one e-mail found that an islamist group was claiming responsibility for the attack. the reason "the group are claimed responsibility on facebook and twitter and has called for an attack on premises." it looks like terrorism right out of the gate. the initial assessment is all the more disarming to lawmakers. >> from day one is that we got pushed back both from the white house as well as the intelligent community early on. we could not figure it out. it was really strange. they never do that. >> about two days after the attack, they had a new
. public sector purchasing has been suffering and huawei didn't have a lot of share in the u.s. to begin with. but companies that do business with the government might back away from considering huawei. they're the number two telecom maker in the world so this might help cisco gain some share in other markets where governments could be influenced by the u.s. move. could also help erickson, the number one telecom commitment supplier. juniper has set up demo labs to try to push the brand. the key is what happens in europe. u.s. is just 4% of huawei's business. europe is more like 14%. that's where u.s. companies will look to gain an advantage. >> jon, china is also key to another tech company in the news today, apple. the company that assembles iphones is denying reports of strikes over the weekend. what's going on with this. >> well, it's interesting. when this first china labor watch report came out saying that there had had been these strikes, i was a little bit skeptical because that organization has pushed awfully hard against apple. its tone has been a bit harsh about apple's labor r
start" begins now. >>> it came out warning. riveting new details of the attack in libya that killed a u.s. ambassador, a different story than we were told. >>> a battle over big bird. shout out to both candidates on the campaign trail, now sesame street is saying stop! >>> racial balance under the microscope of the supreme court. justices argue today over affirmative action and college admissions. big "newsday" here. good morning, welcome to "early start. "i'm john berman. >> i'm zoraida sambolin. the state department is giving its most detailed account of the speed, severity and calculation behind last month's attack on the u.s. mission in benghazi in libya. the house oversight committee will weigh in on security failings during a hearing scheduled for later today. the state department saying the attack was not a spontaneous offshoot of protest and saying u.s. and security personnel in benghazi were outmanned and no reasonable security presentation could have fended off the assault. u.s. ambassador christopher stephens and three others were killed in the attack. arwa damon helps peace to
of oil is floating in the spill area. the u.s. coast guard today said oil samples match b.p.'s macando well, and the oil giant says the sheen likely came from a bent pipe under the surface. lawmakers are calling for an inspection, but federal officials say they don't think the oil will make it to shore. two years ago, the transocean- owned and british petroleum- operat "dewatehorizon" rig exploded, killing 11 people and causing the worst offshore oil spill in u.s. history. weaker than expected demand-- that's what advanced micro devices said tonight as it cut third-quarter revenue estimates. the computer chip maker says a sluggish global economy is hurting sales across all product lines. amd now sees revenues falling 10% to around $1.3 billion. the shares ended the regular trading session up slightly at $3.20 a share. for the year, they're down 41%, and in after-hours trading tonight, they fell below $3. the a.m.d. warni comes as we see personal computer sales in a nosedive. two research firms are out with new data showing p.c. shipments in the latest quarter fell more than 8% from a y
. with the u.s. unemployment rate it is a surprisingly a drop. bill lowest level in over three years. economists thought that it would climb. however, it is only 7.8%. it is the lowest in the united states in 44 months. they added 44,000 jobs in the month of september. more americans at a job and also 86 thousands of jobs more for the july and august months. and the unemployment below 8 percent is what they were aiming for. and this is a good indicator of the presidential election. this is again, the lowest level at 7.8%. the lowest in 44 months. >> the albany police chief is releasing a detailed account of the middle school teacher. with lewd and inappropriate relationships with possible multiple alleged victim's. and will tran is the latest. >> good morning he has had over one week to release this information. perhaps he was in the back of the corner. this is a picture of james izumizaki. a very popular teacher however, he was arrested and that he committed suicide. his friends, colleagues say that there is no way he is just too popular. for ke to be gui of this. they thought that
police are still searching for a pair of car thieves who allegedly tried to run down a u.s. park officer. it happened this weekend on lincoln boulevard in the presidio. investigators say u.s. park officer spotted one of the men breaking into a parked car. the man jumped into a car that was waiting nearby and his accomplice allegedly tried to run down the officer. he missed and the park officer opened fire. the men were last seen in a light tan buick sedan. >>> happening right now, a boycott of a local supermarket chain. a community group right now encouraging shoppers to stay away from pueblo. workers and community groups are very upset over mi pueblo's decision to join the federal e-verify system which a system that checks the immigration status of all new hires. federal immigration agents are auditing that supermarket chain after receiving complaints about suspected undocumented immigrants working at the stores. mi pueblo has stores from vallejo to salinas and also in the central valley. >>> today cleanup is under way after protesters smashed windows and threw paint at oakland city hal
and successful doping program the sport of cycling has ever seen. those are the words of the u.s. anti-doping agency. the usada, about to release 1,000 pages, 1,000 pages of evidence in this long running effort to prove that the cycling great cheated by using performance enhancing drugs. don redell with me, he anchors world sport on cnn international. we have bill stricklin, editor at large, bicycling magazine. bill, i want to begin with you. because i want you to explain to me in terms of specifics, if -- i read the statement from the usada ceo pointing to undeniable proof of this doping conspiracy. what kind of evidence is there? >> we know there is testimony from -- riders. they released the names of 11 of those. one of those is george hamby, the long time -- the most loyal -- and george earlier today had a -- announcement, basically confirming he gave testimony -- >> bill, forgive me. bill, forgive me. we have to pull away. i'm hearing every third word of yours. so let's work on your audio. and, don, let's go to you. if you can fill in the blanks, he started mentioning the 11 rider
think he's speaking directly to the report now that the u.s. and the libyans -- rather the u.s. and the iranians are trying to get together and try to have some kind of unilateral talks about what to do with their nuclear program. >> it's one of the sections that have been divided in six. let me direct you back to libya because that was such a hot button topic and it got talking points for a full week afterwards. do we expect the governor will seize on the opportunity to sort of change the conversation about that particular topic and try to get to the heart of the question that was asked, which is who denied security as opposed to arguing over when the words terror were uttered? >> reporter: you know, i think the romney campaign will acknowledge that. in fact, that wasn't a great moment for mitt romney in the last debate. i think he will use it as a jumping off point to talk about in the broader spectrum about the u.s. and how it's viewed globally and how terror right now is changing right now in the middle east. as you said, one of the discussions that will be talked about ton
," that iran and the u.s. have agreed in principle to one on one talks about iran's nuclear programs and the white house said late last night they had not agreed to talks but the u.s., the administration, is open to the idea. senator graham, let me start with you. what do you think of one-on-one talks with iran, and what do you make of the timing of this coming out two weeks before the election? >> well, i think the iranians are trying to take advantage of our election cycle, to continue to talk. as we talk with the iranians, whether it is bilaterally or unilateral unilaterally, they continue to enrich and the vice president and the president said we will do nothing without coordinating with israel. so we've talked with them in moscow and talk with them in baghdad and they continue to enrich, enrich, and, i think the time for talking is over. we should be demanding transparency and access to the program and they doubled the centrifuges, so, i think this is a ploy by the iranians and i hope we are talking to the israelis, and, as we continue to talk, they continue to enrich and they a
the attack on the u.s. consulate in libya. iran will be a hot topic after "the new york times" reported u.s. and iran agreed to one-on-one talks. the white house denied a meeting is set but added it is open to one-on-one talks. >> anything diplomatically now can help the president. >> reporter: iranians denied any talks are scheduled. as the president wrapped up prep at camp david his campaign released this new ad. >> president obama ended the iraq war of the mitt romney would have left 30,000 troops there. >> reporter: romney prepared in florida where he gave this advice during a football game. >> figure out which of their players is best and take 'em out early. >> reporter: the latest poll of likely voters shows the race is a dead heat 47%, with only two weeks until election day the stakes are higher than ever. >> this debate tonight so important. >> reporter: this debate setting will be different than any other presidential debate so far both candidates will be sitting with the moderator, at a desk. brandi hitt, abc7 news. >>> before you go, after last week's heated debate what kind of t
and mitt romney are expected to spar again over the attack on the u.s. consulate in libya. iran will be a hot topic after "the new york times" reported u.s. and iran agreed to one-on-one talks. the white house denied a meeting is set but added it is open to one-on-one talks. >> anything diplomatically now can help the president. >> reporter: iranians denied any talks are scheduled. as the president wrapped up prep at camp david his campaign released this new ad. >> president obama ended the iraq war of the mitt romney would have left 30,000 troops there. >> reporter: romney prepared in florida where he gave this advice during a football game. >> figure out which of their players is best and take 'em out early. >> reporter: the latest poll of likely voters shows the race is a dead heat 47%, with only two weeks until election day the stakes are higher than ever. >> this debate tonight so important. >> reporter: this debate setting will be different than any other presidential debate so far both candidates will be sitting with the moderator, at a desk. brandi hitt, abc7 news. >>> b
word that a haso-based mobil carrier purchased 70% of u.s.-based corp..nextel this deal is worth $20 billion. the japanese company announcing this at a news conference just happened this morning in tokyo. the deal has been approved by both boards would still need e u.s.-basedm th shareholders. the wall street journal reporting that the ceo of sprint in control of the in the u.s.. now it's not clear what this means for consumers. analysts say in the future this gives a spread nextel the maybe purchase a mobile, company like t- morethem a little against at&t and verizon. if they were to do that in the mean at&t andould might ask to explore their prices a little to stay with a company like .print this is a story we will continue watch. we will have even more hour.ation in our next back to you. >> thank you. 4:52. for the first time in over a found a waydskins to win at fedex field. the first home victory of the rg3 era. the rookie quarterback put on setting a record his fifth rushing touchdown season. 76-ent up the middle for a touchdown, which sealed the deal. 38-26.t the victory >> to
terror suspects are in the u.s. ha that is coming up next when the news continues. we'll be right back. be right b david smallwood: maryland moneny needs to stay in maryland. it's just that simple, i mean, it's a no brainer. anncr: every year marylanders spend five hundred and fifty... million at casinos in west virginia, delaware... and pennsylvania. one west virginia paper calls it a "cash cow" for them. but its cost maryland over one billion dollars. money that could have created good jobs and... better schools for us. question seven keeps maryland money in maryland. david smallwood: question seven, i think it will be a... good thing for the state of maryland. some things won't last 25 years. maryland. ah! woof! some things will. save up to 15% on an ikea kitchen. our basic services are healthcare. we have been driven by the needs of the community. what is it that they can't access? and then how can we provide access to those services? ge came in with the tools and the skills to make it even better. ♪ [ may ] because of the ge foundation, we've been able to see 2,000 more patient
potential for abuse and no accepted medical use. the u.s. court of appeals for columbia will decide the case. >>> time is 6:15 transit officials admit they did not have the proper permit. they admit a person knit for -- permit for soil testing was issued but not for other tests. the rail transit districts acknowledged this and they say stricter rules are in place. >>> cars are polluting the environment even before they hit the streets. the way electric cars makes them twice as harmful to the environment compared to gas powered cars. still electric cars can make sense if the electricity to use them comes from low carbon sources. >>> they are making two busy streets for elevated bike paths. the sap fran coalition said more people -- san francisco coalition said more people would consider biking but if it is approved dozens of parking spaces out there would be lost. >>> let's turn to sal to see if traffic is picking up on this monday. >> maureen and dave, it is getting busier as a matter of fact if you are driving on the bridges here. the traffic is moving along relatively well and i want to lo
mobile operator will buy up to 70% of the third largest u.s. carrier. about $20.1 billion and softbank will get access to a u.s. market that still shows growth compared to japan's market which is stagnating. meantime sprint will get the fire power to buy competitors and to build out its 4 g network. meanwhile a new poll finds economists forecast only tepid growth. unemployment seen back above 8% for the first half of 2013. good news comes in the quarterly survey by the national association for business economists and that is the housing market is recovering faster than expected those polls say the economy likely won't fall off the fiscal cliff. and nabe's vice president will join us along with steve liesman at 7:30 eastern. at 8:30, september retail sales and the october empire state survey. so we'll see how business conditions are around here. and then at 10:00, we have business inventories and earnings season is in full swing this week. profits of s&p 500 comes are seen dropping 3% this quarter year over year. that would be first decline that we've seen in three years. 6% of the s&p
in the u.s. dollar, yes, the greenback, was doing so well metal's investment sparkle and a bunch of the metals as well. gold is plummeting. the dollar is muscling up. let's get right to the floor show. traders at the new york stock exchange, cme group and the nymex. ben willis, i want to get to gold falling $20 in just a minute but looking at equities today, this is a significant rally on a day where we're following six negative sessions. suddenly, equities look good. is this all the retail sales number that came out this morning? >> no, not at all. this is more has to do with china and their ability to export their economy. when china -- obviously one of the largest economies in the world -- can export, not only good for china, but that means other countries are buying so the economy is improving. that set the tone. citi bank continued the follow through. after six straight down days, the market is going to get some sort of relief rally. i think that's what we're seeing. the retail sales were definitely additive to it but with all those pieces together, not the least of which wh
, welcome to skwau"squawk on the street." i'm melissa lee live from the new york stock exchange. u.s. futures coming off a week that saw the s&p 500 down by more than 2%. green arrows looking to add some gains. mixed bag of data, retail seas up 1.1% for september. better than expected but new york manufacturing disappoi disappointing. the picture in europe, digesting a reuters report that says quit asking for a bailout in september. the biggest ones in france, up 1.1%. a road map this morning starts with a massive telecom deal. david brought you the deal and this morning, official, softbank to acquire a 70% stake in sprint. what happens with clear wire surging? does it mean a deal with pck is off the table. >> on earnings and revenues sending citi shares higher. u.s. mortgage business and lending mexico helped boost results. >> microsoft's back in the music business unveiling a service that could compete with the likes of pandora and itunes. we have an exclusive with the head of their interactive entertainment straight ahead. softbank to buy 70% of sprint for $20 billion marking the
appeared publicly for the first time since the release of a u.s. anti-doping agency report. now, that report detailed what was called overwhelming evidence of armstrong's involvement in doping as a cyclist. armstrong addressed supporters last night at the anniversary celebration for his livestrong charity. >> it's been an interesting couple of weeks. it's been a difficult couple of weeks for me, for my family, for my friends, for this foundation. i get asked a lot. people say, man, how are you doing? and i say -- and i say this every time. and i mean it. i say i've been better, but i've also been worse. >> armstrong has repeatedly denied doping allegations. he stepped down as chairman of livestrong on wednesday. >>> to michigan now where police are searching for a gunman they say is randomly targeting people in a shooting spree. authorities believe the shootings, at least 15 so far, across three counties are connected. now, no one has been injured, an they have set up a multi-agency task force to try and track down the suspected shooter or shooters. he's supposedly firing a hand
the 1970s, and a new report from the chamber of commerce says the u.s. is really no better off than it was during the iran hostage crisis. energy security is basically a country's energy use and then its access to that energy. on the u.s. chamber of commerce list, the united states ranks 7th behind mexico, the u.k., norway, new zealand, denmark, australia, and ahead of canada, germany and many others including china and russia. while the u.s. has plenty of challenges on energy use and supply, the energy information administration says there's a significant reason for optimism. natural gas. >> as energy use is reduced on a per capita basis, vulnerability to shocks, i think, is reduced. this growth in shale gas and tight oil has made an unbelievable difference to energy security in the u.s. and this looks like a pattern that is set to continue. rich: the report says u.s. technology to secure and use natural gas coupled with energy efficiency could lead u.s. oil imports to drop significantly in the next decade. as for the candidates, romney says he wants to reverse obama administration
credit look we have been through here in the u.s. global economy remains weak. you can never think here in the u.s. we are immune to what is happening in global economics.so u.s. we are immune to what is happening in global economicoglo u.s. we are immune to what is happening in global economic gl. you can never think here in the u.s. we are immune to what is happening in global economics. it's interesting always. >>> a domino effect. >>> a small new jersey town is in shock. now that two teenage brothers have been charged with murdering their 12-year-old neighbor. police say it was the boys' mother who helped them solve the horrible crime. jen maxfield of wnbc reports. >> reporter: hundreds of people filled the clayton baptist church to remember autumn pasquale in song and prayer. >> she was one of the best people i ever met. caring and trusting. >> reporter: mourners embraced her parents in the sanctuary and lit candles for the seventh grader outside. >> this is a horrific tragedy that doesn't happen here. >> reporter: adding to the tragedy of autumn's death is the fact that two young
jim acosta in reno, nevada. i want to follow up on some controversy involving a u.s. senate candidate who romney has endorsed. richard mourdock of indiana, making a statement that pregnancy from rape is, quote, god's intent. to what extent is the romney campaign trying to distance itself from mourdock? >> reporter: well, fredricka, as you mentioned, mitt romney did tape an endorsement spot for richard mourdock that republican candidate in indiana for the u.s. senate there. he made those comments about abortion and rape and made some comments about why he believes abortion should be outlawed. and in the case of rape. and he had to go back and explain those comments in that news conference earlier on this morning. but the romney campaign is trying to distance itself somewhat from richard mourdock, how to say, there is a statement i can read you from andrea saw, a campaign spokeswoman, she says governor romney disagrees with richard mourdock and mr. mourdock's comments do not reflect governor romney's views. we disagree on the policy regarding exceptions for rape and incest, but still su
demand due to the european crisis and a slow u.s. recovery. data from europe showing industrial output in germany fell .5% in august. lots to digest. the world bank note was interesting. what they pointed out was a lot of chinese cities that had these aggressive and ambitious spending, stimulus plans to rebuild the cities might have trouble running into funding for these projects. >> i think a lot of the data that we see today is catch-up. there's just not a lot of good news out there. the brightest spot in the economy is the united states. i think it was controversial last week. we got an unemployment number suddenly that was a grand conspiracy. i didn't see it that way because perhaps i'm not a black helicopter guy. but i do think that other than the united states, there's not a lot of momentum. and china and europe can pull the world down. you see today the world being pulled down. china is not doing much to help its situation. i think the estimates for china at 7 are wrong. it should be 5.6. >> change in power coming up in china. typically there is inaction on the part of the gover
come in on how the country could view medical marijuana. the u.s. court of appeals in washington, d.c. will hear about how the government will classify the drug. christie smith has all of the updates and details. good morning, christie. >> reporter: good morning, jon. i spoke with medical marijuana advocates in washington, d.c. from the bay area. they are telling me they think this hearing went well and lasted 40 minutes. they say it could be a first step in recategorizing how me l immedia medical marijuana is seen and it has medical use. they say it is defined as a category one like heroin. a three-panel judge could lower thing. the harbor side panel said the executive director says they are serving patients and starting delivery in case they are forced out. recently the city of oakland took the bold step by filing a federal lawsuit to stop the department of justice from getting harbor side evicted. the executive director is in washington for the hearing. he says the judges' decision could lead to sweeping political and legal changes. >> when you have a federal court deciding offi
crews of oracle team u.s.a. are trying pull a 7 foot broken 10 million dollar yacht out of the -- 72 foot broken 10 million dollar yacht out of the water. katie marzullo joins us live from pier 80. >> reporter: the catamaran was towed overnight. we've been watching all morning since 7:30 this tedious protest of righting the upside down boat and getting it out of the water. last check the crew hadn't decided how they were going to do that. divers moved quietly around the ac-72 oracle team u.s.a.'s massive catamaran this morning it looked more like a submarine than a racing yacht. >> i call it destroyed in several piece. >> reporter: he's talking about the wing or fixed sail. you can see the splintered remains in this video from sky 7 hd. he wasn't on the boat but describes what happened. >> dangerous maneuver in these catamarans is go if up wind point of sail to down wind that's what the guys were doing. >> reporter: now oracle is without its biggest, fastest boat. because there is a defending america's cup champions they don't have any other competitions between now and 2013. >> hope
of the libyans working with the u.s. >>> there is a tense situation going on right now off the coast of israel. overnight israeli soldiers stormed a ship headed for its coast. passengers say they were trying to break the sea blockade of gaza that's been in effect since 2007. sara sidner is in israel at the port where the ship is actually headed. good morning. what happens to the ship and the people aboard once it does arrive there? >> reporter: randi, at this point in time what we know is just a couple hours ago, the israeli military did end up boarding the board called the "estelle." there's several members of people on that boat from parliament from countries such as sweden and norway, greece and spain. what we know is the boat has been commandeered by commandos and that boat is being towed into the port. that will take several hours as it's slow going trying to get a boat that have size into the port. and we understand from the israeli military, who we just spoke to their spokesperson, who said there were no incidents of violence. this was a mostly peaceful operation and that nobody has bee
policy. president obama said the u.s. and its allies have i am bowsed crippling sanctions on iran. romney answered saying the united states should have done more. he said rest petedly, we are four years closer to a -- he said repeatedly we are four years closer to a nuclear iran. >> maybe it is smaller now than any time since 1917. >> the president: we also have fewer horse and bayonets because the nature of our military as changed. >> the two did find common ground. romney applauded the killing of bin laden. both said they oppose deck u.s. military involvement in the efforts to -- oppose direct u.s. military roplt in the efforts to topple syria's president assad. katie marzullo, abc7 news. >>> coming up on 4:36. alameda county sheriff's office will release more information about a woman who was found dead inside a burning castro valley home. crews put out this fire in 20 minutes last thursday. while fighting the fire they found the woman's body inside. investigators declared the fire and death suspicious. today we expect to learn the victim's name and more about how she died. the home is
be the world biggest producer of oil. at the current production at pace the u.s. will pass saudi arabia in 2020 as the top producer. the reason? u.s. has developed a new controversial technique called infrastructureing pumping water sand chemical natural earth and squeezes out oil. scientist say could it ruin land and endanger drinking water however it has helped the u.s. use less foreign oil. that does not mean the u.s. is free of oil import of course. this year the u.s. will produce 1 10.9 million barrels of oil a day certainly a lot. but keep in mind americans consume 18.7 million barrels of oil every day. [ bell ringing prepare [. >> tough dion wall street. dow jones tumbled today after several major company missed estimated earnings. nasdaq gave back 26 points to close below 3000 first time since early august. s&p 500 lost 20 points. more now on the losses from abc news reporter sharon tm. >>reporter: that closing bell so you knowed like the end of prize fight but there was no winner today. stock tumble across the board after series of low earnings reports from some
disagreed on foreign policy. expect that to reignite tonight, particularly on the attack on the u.s. consulate in benghazi, afghanistan, iran's nuclear ambitions and the rise of china, the economy is expected to surpass the u.s. in the next decade. >> he will project standing with the allies like israel, it's not overruling generals and having to politicize the withdrawal schedule -- those types of things that mitt romney and president obama -- [ indiscernible ] >> reporter: hours before, the obama campaign highlighted the foreign policy successes. >> i think president obama should be resolute and repeatedly as he has before, that he is a commander in chief, that he is a president who has restored america's diplomatic reputation and our ties and relationships around the world. >> reporter: there will be six 15-minute segments this evening and no opening statements. back to you. >> craig bosswell, thank you. >>> early voting starts today in d.c. expect to receive a voter guide in the mail some time soon. to vote g to one judiciary square on fourth street in northwest between 8:30 in
is not moving it is down 14 what the u.s. the trader think of these numbers? does it affect going forward as far as equity is concerned? >> these are numbers that are well anticipated and telegraph through the marketplace, nothing surprising. the up side if you want to take something from it is a positive downward trend of the shrinking deficit from 1.4 down two hundred, twenty%, break below a trillion if we get a chance to end the last war we have been in over a decade that will have a major impact on as well. these are election-year numbers and the market yawns at some quite frankly. liz: the markets are up 19% for the s&p and the nasdaq regardless. it doesn't affect the psychology too much. what about oil? going into the weekend as the weather gets colder we are looking at more usage on some level. natural gas not doing much. forward to monday, what we look for next week? >> we are a sideways motion for crude oil. we have economic data worldwide coming out on the weak side with the exception of what happened today and not having much impact on crude oil because we have middle eastern tensions
teenager's death. monster is selling the top selling energy drink in the u.s. it comes in 24 ounce cans. it contains 240 milligrams of caffeine. that's about seven times the caffeine in a 12-ounce coke. >>> the es changed wife who was the target of the shooting rampage at that milwaukee area spa is being called a hero. one of zena haughton's clients told the chicago tribune she approached her husband and tried to shield a receptionist as she attempted to defuse the situation on sunday. police say radcliff haughton shot seven women, including three of them whom he killed, including zina. he then shot and killed himself. >>> we have some liftoff. just minutes ago a soyuz rocket launched from kazakhston sending three new crew members into ash bit. they're en route to the international space station at this very moment. it includes two cosmonauts and nasa flight engineer kevin ford. they're scheduled to arrive at the space station on thursday. >>> okay the giants win the pennant. the giants win the pennant. no, it is not 1951. it's 2012. the giants ruthed the cardinals 9-0 to win the alcs i
here. 51.3. this is a new series. it does a good job tracking u.s. pmi figures because they dictate everything from the industrial cycle frankly to earnings estimate. if there's some strength and stability there, that will quell concerns coming into the session this morning. >> let's zero in on facebook for just a moment this morning. a year ago mobile has a percentage of overall ad revenue was 0. it is now 14. citi calls it a nice beat. says they can probably effectively grow revenues during this transition without the key is whether or not they grew on the user experience in the meantime. >> i think that one of -- this call unlike the last one was full of facts. data which indicates advertisers like it. a bold claim. 40% of users are likely to use facebook with desk top but 70% use it on mobile which is why proctor & gamble reports tomorrow. walmart. amazon. capital one with the best bank quarter all like facebook. i wouldn't be surprised if gm didn't want to come back on facebook and maybe they say, hey, nice to meet you. we're going with the other guys. >> there is a concern tho
is making such a move. we'll take a look once more at u.s. futures as we head to tuesday on wall street. the higher open across the board looks like much more "squawk on the street" straight ahead. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank yo
tribute to u.s. ambassador, christopher stephens. stevens is a bay. native. killed and eight attac in an at- although it was a somber of bend. friends and dignitaries paid respects to the ambassador. it was a summer-event. also some light moments. we somber- event. >> dignitaries, family, friends, at the san francisco city hall rotunda paying their respects. >> we have lost a true hero to our nation. the accomplishments and generosity lives on in all the places that he has served. >> this is a u.s. representative, lee. >> the representative that have lost their lives in libya of work each and every day to advanced the highest ideals of this great nation. >> current libyan ambassador to the united states. >> you sent us one of your best diplomats but unfortunately were not able to protect them. >> the 52 year-old crew up in piedmont and the siblings brought some lightness talking about his wicked sense of humor. >> i can testify that christopher was industrious little guy. he sent my bassinet on fire with a magnifier mirror. >> and also is everlasting compassion for all. >> he was r
plans rely on big growth and this week, some of the biggest and strongest u.s. companies said the growth that we've already got is tepid and slowing. companies like caterpillar, generale electric, 3m, ford, all warning about conditions in europe and china, these are companies that are symbols of american stability, they are worried. so worried that some are laying off workers to cut costs. you remember that move. the problem here is that there's just less money coming into the united states. the candidates aren't talking about the slowdown overseas or the storm that it's fueling, but they claim that they can keep america competitive, create millions of jobs, and cut the deficit. voters understand their big ideas and they like them, but undecided voters aren't sure which guy can turn promises into economic reality. i've got two of the best political minds in the country to break this down for us. candy crowley our chief political correspondent, host of "state of the union with candy crowley" and mark preston, cnn's political director. candy, let's start with you. from the very first prima
to the civil suit filed by a manhattan u.s. attorney, as the housing market was beginning to collapse in 2007, country wide launched a program code name hustle to crank out new mortgages as fast as they could and sell them as fast as they could to fannie mae and freddie mac. bank of america of course took over countrywide in july 2008. the suit says by then b of a knew about operation "hustle," and even to an extent helped keep it going. the suit says the bank would not buy the faud lent mortgages back from fannie mae and freddie mac essentially leaving the taxpayers stuck with them. the suit notes in 201, bank the america's ceo was quoted as saying, at the end of the day, we'll pay for the things countrywide did. now the justice department is demanding b of a do just that, it is a $1 billion civil suit. we have reached out to bank of america for a comment. we're still awaiting to hear back. of course this whole idea of suing a bank over the sins of a former bank has been criticized by house financial services committee ranking member barney frank. barney frank will be on the "closing bell" t
the bahamas. edges closer to the u.s. out to the east a little farther. heads up and might round the horn near cape hatteras. where does it go from here? we could see two scenarios. one where it jives into the northeast or one where it goes across the atlantic. let's hope it gets out to the north. >>> a teen who lived a mile from 10-year-old jessica ridgway in colorado has been arrested for her killing. austin sigg is 17. prosecutors plan to charge him as an adult with murder and kidnapping. here's his picture. sigg's first court date is set for this morning. he'll also be charged in a separate attempted kidnapping case. police say his mom turned him in. jessica's great grandma says she's angry. >> i don't think i can look at this person. into his face and not be judgmental. i think that i have -- it's all i've got within me to not want to just burn him. and i mean burn him. now, see, i said i could burn him. i meant literally light him on fire. send him to hell in a blaze of glory. >> police searched suspect austin sigg's colorado home yesterday and then they towed away a brown suv. jessica r
and deep water technology, the u.s. is pumping more oil than it has in a decade. tell us about that and how significant is it? >> well, it's extraordinary what happened both on natural gays and now on oil. our oil production is up 25% since the last time we had a presidential election, which was in 2008, and the growth of that oil production has not only, as long as the gas, but economic significance for jobs, but geopolitical significance because the amount of oil increased has been one element enailed us to put sanctions on iranian oil exports, clearly having a very big impact in iran today. gerri: you know, you're talking about the last presidential election how it was not a big deal, but is this time, part of the conversation, and at the end of the day, americans say romney will be better for gas prices. 46% to 39% for obamament can the president, himself, drive gas prices? >> i think that's, you know, i think that's the thing. whoever's president finds that gasoline prices go up or down, they don't have 5 lot of levers to make them go in the other direction because the price of gasolin
. a u.s. olympic speed skater admits to tampering with a rival's skate before a big competition and he says he did it against his will. he'll explain why in an exclusive interview. >>> and are they back together? new signs of chris brown and rihanna dating again, despite their violent history, and it has some people wondering what she's thinking. today's saturday, october 6th, 2012. >> from nbc news, this is "today" with lester holt and jenna wolf, live from studio 1a in rockefeller plaza. >>> good morning, everyone. welcome to "today" on a saturday morning. >> it's good to have you back from afghanistan. safe and sound. >> good to be back. >> and you're back into the thick of politics here in this country as well. >> it feels like this presidential race has been going on for so long now, but one month from today, voters nationwide will head to the polls and that's it. >> they say it's been -- after a rough debate, a little good news for president obama. unemployment fell to its lowest level since he took office. >>> we're going to look at what's driving the higher prices. >> a story o
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